How To Fix FINS_ACDOC_CUST374 - Enter a curr. type in a field 'Currency Type of Freely Defined Curr...'

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 374

• Message text: Enter a curr. type in a field 'Currency Type of Freely Defined Curr...'

What causes this issue?

Only the currency type 10 was entered as currency for ledger &V1& and
company code &V2&: You did not enter additional currency types - or you
entered only customer-defined currency types.
Customer-defined currency types cannot be used as 2nd or 3rd local
currency.

System Response

The value help for the 2nd or 3rd local currency cannot offer any
values.

How to fix this error?

Enter a currency type like 30, 40, 50 for example in one of the fields
<LS>Currency Type of Freely Defined Currency 1</> to <LS>Currency Type
of Freely Defined Currency 8</>.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ACDOC_CUST374 - Enter a curr. type in a field 'Currency Type of Freely Defined Curr...' ?

  The SAP error message FINS_ACDOC_CUST374 typically occurs when you are trying to enter a financial document or transaction that requires a currency type to be specified, but it has not been provided. This error is related to the configuration of currency types in the SAP system, particularly in the context of financial accounting and controlling.
  Cause:
  
  Missing Currency Type: The error indicates that a currency type has not been entered in the relevant field. Currency types are used to differentiate between various types of currencies (e.g., transaction currency, local currency, etc.).
  Configuration Issues: There may be issues with the configuration of currency types in the system, or the specific transaction you are trying to execute may not be set up to handle the currency types correctly.
  Data Entry Error: The user may have overlooked entering the currency type in the required field.
  
  Solution:
  
  Enter Currency Type: When you encounter this error, check the relevant fields in the transaction screen and ensure that you have entered a valid currency type. This is usually a dropdown field where you can select the appropriate currency type.
  Check Configuration: If you are unsure about which currency types are available or how they are configured, you may need to consult with your SAP administrator or financial team to ensure that the currency types are set up correctly in the system.
  Review Transaction Settings: Ensure that the transaction you are trying to execute is configured to accept the currency type you are trying to enter. This may involve checking the settings in the relevant financial module (e.g., FI, CO).
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the transaction you are working with, as there may be additional requirements or settings that need to be addressed.
  
  Related Information:
  
  Currency Types in SAP: Currency types are defined in the SAP system and can include various categories such as local currency, document currency, and index currency. Each type serves a specific purpose in financial reporting and accounting.
  Transaction Codes: Familiarize yourself with relevant transaction codes (e.g., FB01 for posting documents) and their associated fields to ensure you are entering data correctly.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message, as there may be updates or fixes provided by SAP.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team for further assistance.